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New Yorkers shocked to find food prices rising after minimum wage hike
Hot Air ^ | January 30, 2019 | JAZZ SHAW

Posted on 01/31/2019 7:08:03 AM PST by lowbridge

The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.

As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)

New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.

Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.

(Excerpt) Read more at hotair.com ...


TOPICS: Business/Economy; News/Current Events; US: New York
KEYWORDS: minimumwage; newyork
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To: lowbridge

The minimum wage is always $0.


61 posted on 01/31/2019 8:11:48 AM PST by dfwgator (Endut! Hoch Hech!)
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To: lowbridge

Good news for servers??? The ones who get laid off will find out quickly that they will earn a MAXIMUM wage of $0.00


62 posted on 01/31/2019 8:13:13 AM PST by Tolerance Sucks Rocks (Modern feminism: ALL MEN BAD!!!)
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To: central_va
When in fact they are banking a tremendous amount of money in the corporate account. Then they sell out and make a fortune all the while we are supposed to feel sorry for them.

Yeah right! That's why most of them fail and their owners go into bankruptcy, because they are making money hand over fist. I come from a small business background. I worked in a family owned business for 8 years and not only didn't get paid as much as the employees I was supervising, most of the time I didn't get paid at all.

I have to admit after banging my head against the wall for eight years I took the easy way out and got a job as a firefighter working for the government. I then heard all sorts of ignorant a-holes parroting the same nonsense as you for 25 years. It was struggling small business owners who were creating the economic activity that paid our salaries. Try to sell your ignorant socialist crap somewhere else... it is not going to fly here.

63 posted on 01/31/2019 8:17:40 AM PST by fireman15
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To: PapaBear3625

As a young guy I worked for several “small” business. A mechanical contractor, a restaurant and a car wash. Every time I’d ask for a raise I’d get a sob story about tight margins ( “I under bid this project just to keep you guys working” blah blah blah ) and slowing business cycle etc. But ironically every year all of them would throw a nice catered summer bbq type get together. All them had nice houses, the kids drove new cars the wives had thick jewelry on. This is my first hand experience. 3 for 3 BS artists all.


64 posted on 01/31/2019 8:18:20 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: fireman15

I worked for three small business and all of them raked it in.


65 posted on 01/31/2019 8:19:34 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: lowbridge

Why do Collectivists keep stepping on rakes and smacking themselves? Their answer: Wait, so stepping on a rake does that smacky thing? Racist!


66 posted on 01/31/2019 8:19:38 AM PST by lurk
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To: lowbridge

Price controls that’s the trick it will fix everything ,LOL


67 posted on 01/31/2019 8:20:39 AM PST by butlerweave
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To: central_va

You obviously have never owned a small business.

I own a small computer company that employs five people. After 6 PM when the other employees go home, I’m still here vacuuming the carpets, emptying the trash cans, washing counters; etc. When the dust settles I have a couple of employees that actually make more than I do.

I suggest a class in economics for you - or it’s time for you to leave Mommy’a basement.


68 posted on 01/31/2019 8:21:00 AM PST by JoeVet (First rule of holes ... when you find yourself standing in one - stop digging ... unless ur a Dim)
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To: central_va

what the hell are you talking about? Skilled trade unions are NOT the UAW!! If we dont turn the numbers, we’re replaced elpronto! The numbers you may ask?? In the Tile and Marble trade, your typical 3 walls over a tub to the ceiling, if we dont get 4 done a day, were replaced and we’re sittin at home. tax subsidized my ass... and I’ll be damned if I sit quiet when some Dumb Kid makes $5 less an hour than I did when I was Abused in every way(non penatrating) by Journeyman when I was an Apprentice. Money is EARNED not givin to people who refuse to go through the ropes!


69 posted on 01/31/2019 8:21:53 AM PST by sit-rep
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To: JoeVet

I suggest a class in economics for you

Well, not exactly.....

https://www.youtube.com/watch?v=YlVDGmjz7eM


70 posted on 01/31/2019 8:22:37 AM PST by dfwgator (Endut! Hoch Hech!)
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To: sit-rep
Dumb Kid makes $5 less an hour than I did when I was Abused in every way(non penatrating) by Journeyman when I was an Apprentice.

Ok clam down Hecliff. How long ago did you make $20.00/hour?

71 posted on 01/31/2019 8:23:22 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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Comment #72 Removed by Moderator

To: Blue House Sue
Do prices rise when corporate executives receive large raises and reach income levels in the millions of dollars per year?

Why don't you get to be one and find out?

73 posted on 01/31/2019 8:24:53 AM PST by Fightin Whitey
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To: lowbridge

It’s morally wrong to assist someone in the act of self sabotage.


74 posted on 01/31/2019 8:24:57 AM PST by gogeo (The Repubs may not always deserve to win, but the RATs always deserve to lose.)
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To: EinNYC
Yum! My fridge is full of fresh veggies and my freezer has an assortment of meats and seafood. It takes time and planning to pull off three 'cooked from scratch' meals a day.. but that's the fun of it! The best part is we 'have it our way'! Creative and Delicious 😁
75 posted on 01/31/2019 8:25:14 AM PST by DivineMomentsOfTruth ("There is but one straight course, and that is to seek truth and pursue it steadily." -GW)
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To: Blue House Sue
Do prices rise when corporate executives receive large raises and reach income levels in the millions of dollars per year?

What do you think?

76 posted on 01/31/2019 8:26:07 AM PST by gogeo (The Repubs may not always deserve to win, but the RATs always deserve to lose.)
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To: COBOL2Java

How does a business cover costs of labor, taxes, inventory, interest, insurance, real estate, etc, if those costs are not factored into the prices of their products?


77 posted on 01/31/2019 8:26:33 AM PST by Blue House Sue
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To: Soul of the South
How many times does a simpleton have to put his/her fingers on a hot stove before realizing it will burn?

Until they run out of fingers?

78 posted on 01/31/2019 8:27:35 AM PST by gogeo (The Repubs may not always deserve to win, but the RATs always deserve to lose.)
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To: Blue House Sue
but all labor costs, from top to bottom, are included in the price of products.

Then you've answered your own question. However, it isn't quite that simple. restaurants in particular operate on very narrow margins, and a shift in the labor rate of the low end employees (and waiting tables is NOT a skilled profession) can easily shift the whole cost structure from profitable to unprofitable. Prior to the distortions caused by a government mandated minimum wage low end employees were getting what the market determined was a fair rate for their unskilled services based on their productivity. A minimum wage boost increases the cost to the business, but does not increase the value of the employee. Therefore the business has to make up the additional cost and the only way they can do that is charge more for their product.

79 posted on 01/31/2019 8:28:29 AM PST by from occupied ga (Your government is your most dangerous enemy)
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To: CaptainAmiigaf

Uh, like, duuuuuuh!

There should be no tipping, period. If you don’t do your job, then you get fired by the boss. Until customers get paid for job evaluations and the power to hire and fire, then it isn’t their responsibility to provide the paychecks and be the boss.

$15 is good pay for a low skill job.


80 posted on 01/31/2019 8:29:35 AM PST by bgill (CDC site, "We don't know how people are infected with Ebola.S)
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